Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.

We enjoy the process far more than the proceeds.

Never ask a barber if you need a haircut.

If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.

The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.

We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.

It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.